REGULATIONS


In India, litigation goes on forever. And, even when the main accused is no more, other enablers, collaborators and foot soldiers remain entangled in the slow grind of the legal system for decades.    On 7th May, a judgement by a special SEBI (Securities and Exchange Board of India) court in...

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Moneylife Digital Team 15 May 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹17.80 lakh on two cooperative banks, one from Gujarat and the other from Madhya Pradesh, for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹16.30 lakh has been imposed on Shree Kadi Nagarik...

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Moneylife Digital Team 15 May 2026
The United States Securities and Exchange Commission (SEC) has moved a federal court for entry of proposed final judgments against billionaire industrialist Gautam Adani and Sagar Adani in a civil securities fraud case linked to a 2021 bond offering by Adani Green Energy Ltd. Under the proposed...

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Moneylife Digital Team 14 May 2026
Reserve Bank of India (RBI) has cancelled the registrations of 150 other non-banking finance companies (NBFCs), with as many as 75 based in West Bengal, 67 in New Delhi, two each from Telangana and Haryana and one each from Madhya Pradesh, Bihar, Tamil Nadu and Karnataka. Meanwhile, a total of

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Moneylife Digital Team 14 May 2026
Market regulator Securities and Exchange Board of India (SEBI) has dismissed the preliminary objections filed by Bajaj Hindusthan Sugar Ltd, its chairman Shishir Bajaj and managing director (MD) Kushagra Bajaj against a show-cause notice (SCN) concerning alleged fund diversion and related-party...

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Moneylife Digital Team 13 May 2026
Market regulator Securities and Exchange Board of India (SEBI) has directed Religare Enterprises Ltd’s (REL) former executive chairperson Dr Rashmi Saluja, to disgorge ₹1.99 crore, the wrongful gain in the form of losses averted, along with 12% simple interest. SEBI also imposed a penalty of...

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Moneylife Digital Team 13 May 2026
In a major order to augment public transport safety, the Supreme Court on Wednesday ordered all states and Union Territories to ensure the strict implementation of a rule requiring location tracking features and panic buttons to be installed in taxis and other public service vehicles (S...

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Moneylife Digital Team 13 May 2026
Reserve Bank of India (RBI) has cancelled the licence of Mumbai-based Sarvodaya Cooperative Bank Ltd, citing inadequate capital, weak earnings prospects and continued non-compliance with provisions of the Banking Regulation Act. The banking regulator directed the lender to cease all banking...

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Moneylife Digital Team 12 May 2026
Market regulator Securities and Exchange Board of India (SEBI) has imposed a total penalty of ₹50 lakh on Future Retail Ltd’s (FRL) former promoter Kishore Biyani, his brother Rakesh Biyani and former chief financial officer (CFO) CP Toshniwal for violations related to disclosure lapses and...

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Moneylife Digital Team 12 May 2026
BofA Securities India Ltd has paid ₹58.50 lakh to settle adjudication proceedings initiated by market regulator Securities and Exchange Board of India (SEBI) in a case involving alleged violations of insider trading and merchant banker regulations. The settlement was reached without the company...

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Moneylife Digital Team 11 May 2026
More than five years after Parliament cleared the legislation, the Union government has fully operationalised the four Labour Codes by notifying the long-awaited rules, paving the way for the implementation of a new labour law framework replacing 29 existing laws governing wages, social...

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Moneylife Digital Team 11 May 2026
Nearly three decades after investigations into the alleged manipulation of shares of BPL Ltd, Videocon International Ltd and Sterlite Industries Ltd shook India’s stock market, a special court under the Securities and Exchange Board of India (SEBI) Act has convicted six companies, part of the...

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The appointment of independent directors (IDs) has its quota of practices that push the envelope.   Cases that stretch, if not breach, the spirit of corporate governance have been discussed in this column. The issues are recapitulated in brief.   A direct subversion of the concept of...

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Moneylife Digital Team 11 May 2026
Reserve Bank of India (RBI) has imposed penalties totalling ₹33.60 lakh on Yes Bank Ltd and Hinduja Housing Finance Ltd, a housing finance company (HFC), for non-compliance with directions issued by the banking regulator. The highest penalty of ₹31.80 lakh was imposed on Yes Bank. Hinduja...

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Moneylife Digital Team 08 May 2026
Key board meetings of two major Tata Trusts, which together control a majority stake in Tata Sons Pvt Ltd, have been postponed to 16th May amid mounting governance questions, legal challenges, and an intensifying internal debate over whether the holding company of the Tata group should remain...

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Moneylife Digital Team 08 May 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹5.40 lakh on two cooperative banks, one from Mandi in Himachal Pradesh and the other from Maharashtra, for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹5 lakh has been imposed on Himachal...

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Moneylife Digital Team 07 May 2026
Four developer entities linked to the alleged diversion of funds in the matter involving Indiabulls Real Estate Ltd (IBREL) have settled enforcement proceedings with the market regulator Securities and Exchange Board of India (SEBI), after collectively paying more than ₹10.49 crore in...

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Moneylife Digital Team 06 May 2026
Unicorn India Ventures Debt Fund-I, its manager Unicorn India Ventures Services LLP and key managerial personnel (KMP) Anil Joshi and Bhaskar Majumdar,  have settled a case with the market regulator Securities and Exchange Board of India (SEBI) by paying ₹25.50 lakh, in connection with alleged...

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Moneylife Digital Team 05 May 2026
Reserve Bank of India (RBI) has announced a redistribution of portfolios among its deputy governors following the appointment of Rohit Jain, who assumed charge on 4 May 2026.    The reshuffle, notified through a press release, reallocates key departments across the four deputy governors,...

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Moneylife Digital Team 04 May 2026
Tuhin Kanta Pandey, on Monday, says that banking and insurance regulators are not in favour of allowing their regulated entities to invest in commodity derivatives, highlighting a key regulatory divergence even as India looks to deepen its financial markets. While flagging emerging risks from...

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